Kong Sun Holdings Announces Internal Reorganization of Subsidiaries

Reuters

2025/12/11

Kong Sun Holdings Announces Internal Reorganization of Subsidiaries

Kong Sun Holdings Limited has announced an internal reorganization involving its wholly-owned subsidiary, Kong Sun Yongtai Investment Holdings Limited. As part of the restructuring, Kong Sun Yongtai transferred its entire equity interests in Datong Wantong New Energy Co., Ltd. and Huangshi Huangyuan Photovoltaic Power Development Limited to Jinan Tianguan Energy Technology Co., Ltd., another wholly-owned subsidiary. Both Datong Wantong and Huangshi Huangyuan remain indirect wholly-owned subsidiaries of the company after the transfer. In connection with the reorganization, new equity pledge agreements and joint guarantees were entered into with Hebei Financial Leasing Co., Ltd. to secure existing loans. The company stated that the reorganization and related security arrangements have no material impact on its financial condition. Holders of the company's securities and potential investors are advised to exercise caution when dealing in the securities of the company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kong Sun Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251211-11952001), on December 11, 2025, and is solely responsible for the information contained therein.

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As part of the restructuring, Kong Sun Yongtai transferred its entire equity interests in Datong Wantong New Energy Co., Ltd. and Huangshi Huangyuan Photovoltaic Power Development Limited to Jinan Tianguan Energy Technology Co., Ltd., another wholly-owned subsidiary. Both Datong Wantong and Huangshi Huangyuan remain indirect wholly-owned subsidiaries of the company after the transfer. In connection with the reorganization, new equity pledge agreements and joint guarantees were entered into with Hebei Financial Leasing Co., Ltd. to secure existing loans. The company stated that the reorganization and related security arrangements have no material impact on its financial condition. Holders of the company's securities and potential investors are advised to exercise caution when dealing in the securities of the company.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kong Sun Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251211-11952001), on December 11, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00295","symbol_name":"江山控股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251211:nNDL6qT2TC:1","article_id":"2590773566","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2590773566","pubTimestamp":1765426344,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Kong Sun Holdings Limited has announced an internal reorganization involving its wholly-owned subsidiary, Kong Sun Yongtai Investment Holdings Limited. 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Both Datong Wantong and Huangshi Huangyuan remain indirect wholly-owned subsidiaries of the company after the transfer. In connection with the reorganization, new equity pledge agreements and joint guarantees were entered into with Hebei Financial Leasing Co., Ltd. to secure existing loans. The company stated that the reorganization and related security arrangements have no material impact on its financial condition. Holders of the company's securities and potential investors are advised to exercise caution when dealing in the securities of the company.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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